BNET Industries

Market Cap:$7.7B
Last Fiscal Year Sales:$1.0B
  • Public
  • US
Dow Jones Description

Ultra Petroleum Corp. (Ultra or the Company) is an independent oil and gas company engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties. The Company was originally incorporated on November 14, 1979, under the laws of the Province of British Columbia, Canada. Ultra remains a Canadian company, but since March 2000, has operated under the laws of The Yukon Territory, Canada pursuant to Section 190 of the Business Corporations Act (Yukon Territory). The Companys operations are primarily in the Green River Basin of southwest Wyoming. The Company continually evaluates other opportunities for the acquisition, exploration and development of oil and natural gas properties. Ultras current operations are focused on developing and expanding its position in a tight gas sand trend located in the Green River Basin in southwest Wyoming. As of December 31, 2008, Ultra owns interests in approximately 121,432 gross (59,953 net) acres in Wyoming covering approximately 190 square miles. The Company owns an interest in approximately 984 gross producing wells in this area and is operator of approximately 50% of the 984 gross wells. The Company also has an exploration effort underway in Pennsylvania. Following the acquisition of Pendaries Petroleum Ltd. on January 16, 2001, the Company became active in oil and natural gas exploration and development covering the 04/36 Block and the 05/36 Block in Bohai Bay, China. ...

Number of Employees 86
Contact Information

363 N Sam Houston Pkwy E Ste 1200

Houston, Texas 77060

ultrapetroleum....

(281) 876-0120

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • Pritchard Capital Upgrades Ultra Petroleum UPL to Buy

    11/02/09 - Bond / Stock Rating - View Story

  • Thomas Weisel Upgrades Ultra Petroleum UPL from Marketweight

    10/30/09 - Bond / Stock Rating - View Story

  • Ultra Petroleum Turns To Loss In Q3

    10/31/09 - Financial Announcement - View Story

  • Credit Suisse Upgrades Ultra Petroleum UPL to Neutral

    9/30/09 - Bond / Stock Rating - View Story

  • Ultra Petroleum Slips To Loss In Q2, Backs FY09 Production Outlook - Update

    8/04/09 - Financial Announcement - View Story

  • Ultra Petroleum Announces Second Quarter 2009 Financial and Operating Results

    8/04/09 - Site Opening - View Story

News & Analysis

sec and ultra petroleum corp. - All News and Analysis

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     UPL $51.02 -0.04 (-0.08% )
Average Volume 1,565,450
Shares Outstanding 151.44M
Market Cap 7.7B
Year High 57.21
Year Low 30.02
Earnings Per Share -3.19
P/E Ratio -15.99
Dividend N/A
Yield N/A
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